Yellen: strong US GDP growth signals productivity gains, not inflation
By David Lawder CHICAGO (Reuters) – U.S. Treasury Secretary Janet Yellen said on Thursday that surprisingly strong economic growth in the fourth quarter was a …
productivity
Exclusive-Panasonic puts productivity boost ahead of new EV plant in US
By Daniel Leussink and Miho Uranaka TOKYO (Reuters) – Panasonic’s battery business must focus on boosting productivity, Group CEO Yuki Kusumi told Reuters, signalling the …
Productivity adds the anesthetic to Powell’s pain-free disinflation
By Howard Schneider WASHINGTON (Reuters) – A recent surge in U.S. productivity has underscored Federal Reserve Chair Jerome Powell’s emerging narrative for how inflation may …
Analysis-Canada’s losing productivity streak adds to inflation problem
By Fergal Smith and Steve Scherer TORONTO (Reuters) – Canada’s record of declining productivity over the past three years is likely to make it more …
Australian jobs surge as productivity debate heats up
By Stella Qiu SYDNEY (Reuters) – Australia’s employment surged in August while its participation rate hit a record high and the jobless rate held steady, …
Biden’s Burdensome Regulations Are Contributing To Lackluster Economic Productivity, Experts Say
Biden’s Burdensome Regulations Are Contributing To Lackluster Economic Productivity, Experts Say Will Kessler on August 7, 2023 Labor productivity reached 1.3% growth year-over-year for the …
US productivity surges in second quarter; labor costs growth slows
WASHINGTON (Reuters) – U.S. worker productivity rebounded sharply in the second quarter, helping to curb growth in labor costs and offering another boost to the …
Applied Materials aims to boost chip factory productivity with new tech
By Stephen Nellis SAN FRANCISCO (Reuters) – Applied Materials on Tuesday released its first major update to some of its core semiconductor manufacturing equipment in …
US productivity drops in first quarter; labor costs jump
WASHINGTON (Reuters) – U.S. worker productivity fell more than expected in the first quarter after growing in the second half of 2022, boosting labor costs, …
Australia report calls for tax, migration reforms as productivity stalls
SYDNEY (Reuters) – Australia’s Productivity Commission called on the federal government on Friday to improve tax and migration systems, remove import tariffs and secure net-zero …
Volkswagen focuses on productivity in challenging year
(Reuters) – Volkswagen needs to focus on productivity at its mass-market brands to cope with a step up in competition this year as supply chains …
US fourth-quarter labor costs revised higher; productivity growth lowered
WASHINGTON (Reuters) – U.S. labor costs grew faster than initially thought in the fourth quarter, though the pace has slowed from the prior quarters. Unit …
U.S. productivity accelerates in fourth quarter
WASHINGTON (Reuters) – U.S. worker productivity increased faster than expected in the fourth quarter, resulting in a moderation in labor costs growth. Nonfarm productivity, which …
Employee Turnover Is Devastating Productivity — And Businesses Have Had Enough
Employee Turnover Is Devastating Productivity — And Businesses Have Had Enough Laurel Duggan on January 3, 2023 Employee turnover has surged since the pandemic, and …
Volkswagen to refocus on raising productivity, warns of challenging 2023 – finance chief
BERLIN (Reuters) – Volkswagen will refocus on raising productivity after numerous challenging years and is targeting margin parity between electric and combustion engine cars in …
U.S. productivity rebounds moderately in third quarter
WASHINGTON (Reuters) – U.S. worker productivity rebounded less than expected in the third quarter, resulting in continued upward pressure on labor costs that could keep …
High inflation is bad for UK productivity – BoE’s Mann
LONDON (Reuters) – Britain’s very high inflation risks distracting businesses from the longer-term decisions needed to boost ailing productivity, Bank of England policymaker Catherine Mann …
Revisions confirm steep decline in U.S. productivity in second quarter
WASHINGTON (Reuters) – U.S. worker productivity plunged in the second quarter, leading to the largest year-on-year decline on record, the government confirmed on Thursday, keeping …
U.S. productivity tumbles in first quarter; labor costs surge
WASHINGTON – U.S. worker productivity fell at its steepest pace since 1947 in the first quarter, while growth in unit labor costs accelerated, the government …
U.S. productivity posts biggest decline since 1947 in first quarter
WASHINGTON – U.S. worker productivity fell at its steepest pace since 1947 in the first quarter, while growth in unit labor costs accelerated, indicating that …
Mexico must enact reform to boost productivity, says World Bank
MEXICO CITY – Mexico should enact a series of reforms to boost the country’s low productivity, the World Bank said in a report released on …
U.S. Q4 productivity growth unrevised at 6.6% annualized rate
WASHINGTON – U.S. worker productivity rebounded strongly in the fourth quarter, curbing growth in unit labor costs, the government confirmed on Thursday. Nonfarm productivity, which …
U.S. worker productivity rebounds in fourth quarter; labor costs tepid
WASHINGTON – U.S. worker productivity rebounded more than expected in the fourth quarter, curbing labor costs growth, but the coronavirus pandemic has distorted the data …